Simplicity Wealth LLC Buys 1,629 Shares of The Home Depot, Inc. $HD

Posted by Francis Steltz on Jul 11th, 2026

Simplicity Wealth LLC boosted its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 10.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,647 shares of the home improvement retailer’s stock after buying an additional 1,629 shares during the quarter. Simplicity Wealth LLC’s holdings in Home Depot were worth $5,475,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Parvin Asset Management LLC lifted its stake in shares of Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the period. Advocate Investing Services LLC acquired a new stake in Home Depot in the fourth quarter worth about $25,000. Key Capital Management INC acquired a new stake in Home Depot in the fourth quarter worth about $28,000. Cache Advisors LLC bought a new stake in Home Depot during the 1st quarter worth about $27,000. Finally, Imprint Wealth LLC bought a new stake in Home Depot during the 3rd quarter worth about $34,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Trading Up 1.4%

HD traded up $4.71 during mid-day trading on Friday, hitting $343.44. The stock had a trading volume of 2,747,430 shares, compared to its average volume of 4,667,555. The stock’s fifty day simple moving average is $325.05 and its 200-day simple moving average is $345.46. The firm has a market capitalization of $342.46 billion, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 3.91 and a beta of 0.95. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. The business had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HD. UBS Group reduced their target price on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th. HSBC dropped their price target on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, May 20th. Sanford C. Bernstein restated a “market perform” rating and issued a $346.00 price objective on shares of Home Depot in a report on Wednesday, May 20th. Evercore lowered their target price on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Finally, Gordon Haskett upped their target price on shares of Home Depot from $320.00 to $330.00 in a research report on Friday, June 12th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.71.

View Our Latest Stock Analysis on Home Depot

Home Depot Company Profile

(Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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